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FWIW, PG seems to believe that there was a correlation between people who spend lots of time/energy/thought on stuff like this and failure. I think you'd get s
by webwright 18y ago
FWIW, PG seems to believe that there was a correlation between people who spend lots of time/energy/thought on stuff like this and failure.
I think you'd get similar value by setting an initial partnership allocation (50-50 or 33-33-33 is best-- if they don't bring equal value, find a partner who does), vesting it over 4 years, and meeting every quarter for a "Do we all feel like everyone's holding up their end?" meeting.
- drewcrawford 18y agoI suspect 2.5 hours is far less time and energy than most startup founders put into allocating shares. It's not something that we spent weeks or months on. We actually spent more time blogging about it than doing the actual allocation, and I think the increase in productivity associated with happy hackers was a net win.